Gate Insights and Crypto Market Analysis

Japanese NAND flash manufacturer Kioxia Holdings lost a patent infringement lawsuit in the United States and was ordered to pay $229 million (approximately 340 billion KRW) in damages on the 16th (local time). US satellite communications company Viasat filed the lawsuit five years ago, claiming

UDX, operating as Underdog's newly acquired exchange, self-certified seven sports event-contract templates with the Commodity Futures Trading Commission on July 15. The filings stated the exchange intended to list the first contracts for trading no later than July 17. Underdog acquired Aristotle

Morgan Stanley has launched direct cryptocurrency trading on ETRADE for eligible U.S. clients, enabling them to buy, sell, and hold Bitcoin, Ethereum, and Solana within their existing brokerage accounts. The integration eliminates the need for separate exchange accounts or additional logins,

Energy Development Corporation (EDC) was established March 5, 1976 via Presidential Decree 927 as a state response to the 1973 oil embargo. The crisis quadrupled crude prices and left the Philippines, which imported 95% of its energy as oil, facing gasoline rationing and widespread brownouts. The

South Korea's top five cryptocurrency exchanges recorded 8.6 trillion won in weekly trading volume during the period from July 9 at 2 PM to July 16 at 2 PM. This marks the lowest weekly trading volume since the period of May 11 to May 18, 2023, when volume reached 8.4372 trillion won. The five excha

Uber announced the acquisition of Delivery Hero on July 16 (local time) for €41.5 per share, valuing the company at $14.8 billion. The deal brings Baemin, Korea's leading food delivery platform, under Uber's control as a granddaughter company alongside Delivery Hero's operations in 50 global

Bitcoin and Ethereum experienced significant price volatility this week as the cryptocurrency market responded to US consumer price index (CPI) data and escalating Middle East geopolitical tensions. Bitcoin fell below $63,000 on the 13th following leverage liquidation, briefly recovered

Homeplus secured 200 billion won in emergency operating funds on the 16th, preventing immediate bankruptcy following a court decision to cancel its rehabilitation procedure. Meritz Financial Group provided the funding with full joint guarantees from Kim Byung-joo and MBK Partners, after three Meritz

Hansung Enterprise, a 63-year-old Korean food manufacturer listed on KOSPI, recorded an 8-day consecutive stock surge from the 6th, with shares climbing 213% from 4,230 won to 13,260 won by the 15th. The rally occurred as the Financial Services Commission announced plans to delist KOSPI companies wi

HL Genomics will list on South Korea's KOSDAQ market on July 24 with an offering price of 21,500 won, while two other companies prepare for institutional demand forecasting during the week of July 20-24. The API pharmaceutical company recorded 19 consecutive years of profitability and

The Government Service Insurance System acquired a 7.5% stake in Citicore Renewable Energy Corp. GSIS disclosed the transaction to the Philippine Stock Exchange on July 3, 2026. The investment focuses on management's capital allocation

SK Group's corporate bond issuance dropped to 2.747 trillion won in the first half, a decline of more than half compared to 7.457 trillion won in the same period of the prior year, according to Yonhap Infomax 'Group Company Issuance Trends' data. The reduction reflects a strategic shift by South

BNP Paribas raised its forecast for the Bank of Korea's terminal interest rate from 3.00% to 3.25% on the 18th, according to financial sector sources. The adjustment followed the BOK's Monetary Policy Board decision on the 16th to raise the base rate by 25 basis points to 2.75%. BNP Paribas

Hanwha Galleria purchased two prime Seoul properties totaling 450.2 billion won within two weeks, with a 236.7 billion won land acquisition in Sinsa-dong, Gangnam-gu on July 14 and a 213.5 billion won Sunhwa Building purchase in Jung-gu on May 30. The company's board stated the purpose as securing r

South Korea's Cash Management Account market recorded 104.066 trillion won in total balance as of May 14, according to Korea Financial Investment Association data released on May 18. The balance grew 4.1% from 100.004 trillion won on January 2, marking a 4.0656 trillion won increase over six

Korean government individual investor bonds closed their July subscription on the 14th, with demand concentrated in shorter-maturity products. According to Mirae Asset Securities mobile trading system data, 3-year

Korean stock market volatility reached unprecedented levels as single-stock leveraged ETFs amplified price swings through self-reinforcing feedback loops. The VKOSPI index hit a record 97.99 on the 29th of last month and remained elevated in the 80-90 range afterward, while circuit breakers

Korean stocks inverse ETFs dominated performance rankings during a month-long market correction from June 17 to July 16, with RISE 200 Futures Inverse 2X delivering 41.10% returns. The surge in inverse ETF performance occurred as the KOSPI index fell 21.8% from 8,726.60 to 6,820.60 and KOSPI 200

Gold futures declined 0.15% to close at $4063.42 per ounce on local time May 15, marking approximately 24% below the January 29 peak of $5354.8 per ounce. The decline followed rising US 10-year TIPS rates, which increased from 1.7% to 2.2% since March, and a strengthening dollar index that climbed f

Kim Bo-young, a senior researcher at South Korea's Capital Market Research Institute, published a report on May 18 calling for asset management companies to strengthen their stewardship activities as the country's exchange-traded fund (ETF) market reached 500 trillion won in scale. The report